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TotalEnergies farms out 40% of OPL257 offshore Nigeria to SAPETRO

TotalEnergies has signed a farm-out agreement to sell a 40% participating interest in offshore block OPL257, Nigeria, to South Atlantic Petroleum Ltd. (SAPETRO). The deal sets up an appraisal campaign on the Egina South field, which TotalEnergies plans to develop as a tie-back to its Egina FPSO. Once the transaction closes, TotalEnergies will hold a […]